Arequipa,
Peru, June 5th, 2013 --
Gold Horizons Mining (GHM) a BVI Corporation (ticker: GHMG on GXG markets)
released news today that its senior joint venture partner and operator of the
Yuromayo processing plant Gold Horizons Mining SAC has signed a Letter of
Intent with a senior representative of a local mining collective to process all
the mineral on a monthly schedule from as many as 12 different mines he
represents in the local area as well as two larger mines with a history of
significant high grade mineral production. These small, productive and
profitable mines have been working in Southern Peru for a number of years transporting
their mineral to Chala, several hundred kilometers away, at a cost
approximately of $100 per ton. Working with GHM will reduce those costs to
under $50 per ton with Gold Horizon's commitment to process their mineral at
the same cost as the Company itself currently incurs.

Under the
agreed terms Gold Horizons SAC will have an exclusive processing right on the
entire mineral and ore tonnage extracted from these mines. Mineral/ore deliveries
will be twice a month to the plant. Based on past operating history Gold Horizons
SAC can expect an average 800 tons per month with a grade of 10 g/ton.

CEO and
President, Scott Francis explains: ”We are delighted to work with the local
miners in the area. It is a win, win situation for all parties and for us it is
comforting to know that the plant will have a steady flow of mineral from the
day it begins operations. This is all part of the Company's expansion and
development plans with the intention to create two separate and independent revenue
streams from each of its joint venture arms. I am confident demand for our
processing plant services will continue to grow once the plant begins
operations and the word spreads among the populous mining community of Southern
Peru.”

Gold Horizons Mining Co. Ltd. is a start up gold and silver
producer as well as an exploration company operating in Arequipa, Peru. The Company
is committed to building long-term shareholder value through strategic
opportunities and identification in the mineral resource sector. Gold Horizons
Mining specializes in small mine development, specifically underground, narrow
vein mining. The Company’s strategy has now evolved to include the processing
of its own mineral, which has lowered total production costs by up to 50% per
ounce. The Co

mpany, in partnership with its Peruvian joint venture partner,
locates, develops and operates near production ready mineral projects in Peru.

Forward
Looking Statements

This press
release by its very nature contains forward-looking information. Except for
statements of historical fact certain information contained herein constitutes
forward-looking statements, which may include statements regarding production
estimates and targeted production for 2013/14. Generally, forward-looking
information can be identified by the use of forward-looking terminology such as
"expect", "confident" or "believe".
Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be materially different
from those expressed or implied by such forward-looking information.

Although
the Company has attempted to identify important factors that could cause actual
results to differ materially from those contained in this forward-looking
information there may be other factors that cause the results not to be as
anticipated, estimated or intended. There can be no assurance that such
information will prove to be accurate as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on any forward-looking information or
statements. The Company does not undertake to update any forward-looking
information or statements except in accordance with applicable securities laws.